Buy trade SETUP, for British Pound / Japan Yen (GBP JPY).
Updated
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In the chart, plotted value is for GBP/JPY which has stronger CONTROL PRICE, value HIGH and value Low. The "Control Price" has complete control 1 to 7 as seen in the chart.
CONCLUSION of analysis: 135 to 137.5, found any tail will create buyers attraction and smart money will come at that level. Other words, if DOJI detects the below the value low, then take your entry. The 100% price get pullback toward the control price.
In the chart, plotted value is for GBP/JPY which has stronger CONTROL PRICE, value HIGH and value Low. The "Control Price" has complete control 1 to 7 as seen in the chart.
- 1) The 3 excesses detected at Value High and after the (h) excess with price rotation sellers have complete control over the value.
- 2) Already existed 5 excesses at a value low and going to create (i) excess expected.
CONCLUSION of analysis: 135 to 137.5, found any tail will create buyers attraction and smart money will come at that level. Other words, if DOJI detects the below the value low, then take your entry. The 100% price get pullback toward the control price.
Trade active
The call is going to active, long term trader can start entering into it.Disclaimer
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